SoylentNews is people
SoylentNews
Google is now a wholly owned subsidiary of a new company called "Alphabet", to be run by Larry Page and Sergei Brin. Sundar Pichai will be CEO of Google, which will remain focused on its core of web-related products. Alphabet will serve as and umbrella for Google's now quite diverse projects, with a separate CEO for each. By way of example, the announcement cites a Life Sciences group, and a group called Calico which is focused on longevity.
All stock in Google will be converted to Alphabet stock, with the same rights and number of shares.
takyon: The Register, The New York Times, Wired, MarketWatch.
This discussion has been archived.
No new comments can be posted.
Google Becomes Alphabet, Spins Off Google
|
Log In/Create an Account
| Top
| 59 comments
| Search Discussion
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
TOO BAD YOU CAN'T BUY a voodoo globe so that you could make the earth spin
real fast and freak everybody out.
-- Jack Handey, The New Mexican, 1988.
(Score: 2) by zafiro17 on Tuesday August 11 2015, @11:42AM
The Register gets it right, I think. Not only is what you've written probably true, but also: maybe the bosses were getting bored with the day-to-day business stuff of Google. So they put the next in charge in the hot seat, responsible for running the company. Then the big two elevate themselves to a job where they get to play with toys and experiments like Glass and drones and self-driving cars and whatever else. Sounds like a good move. Life is too short to waste at work ...
Dad always thought laughter was the best medicine, which I guess is why several of us died of tuberculosis - Jack Handey